info, Author at Ranson Financial Group LLC

10-year Treasury yield hits the highest since 2019 after Powell’s remarks

info2022-03-22T08:37:06-05:00March 22nd, 2022|

The 10-year U.S. Treasury yield topped 2.34% on Tuesday morning, following hawkish comments made by Federal Reserve Chairman Jerome Powell in the previous session. ... Powell said in a speech on Monday that "inflation is much too high." He said the Fed would continue to raise interest rates until inflation is under control, and that hikes could get even more aggressive than last week's 25 basis point increase. Source: CNBC - Bonds

Municipal Bond Trends for March 21, 2022

info2022-03-22T08:28:24-05:00March 22nd, 2022|

The interest rate table above illustrates recent changes in a sample of MBIS "investment grade" yields. Every issuer's credit is different. For rates that may be applicable to your municipality, contact our Municipal Bond Advisors, Larry Kleeman and Beth Warren.

Powell says ‘inflation is much too high’ and the Fed will take ‘necessary steps’ to address

info2022-03-22T08:25:37-05:00March 21st, 2022|

Federal Reserve Chairman Jerome Powell on Monday vowed tough action on inflation, which he said jeopardizes an otherwise strong economic recovery. "The labor market is very strong, and inflation is much too high," the central bank leader said in prepared remarks for the National Association for Business Economics. The speech comes less than a week after the Fed raised interest rates for the first time in more than three years in an attempt to battle inflation that is running at its highest level in 40 years. Reiterating a position the Federal Open Market Committee made in its post-meeting statement, Powell said [...]

RCPD looking to phased implementation of proposed department pay scale changes

info2022-03-21T22:39:24-05:00March 21st, 2022|

Riley County Law Board members Monday reviewed a proposed new pay scale for Riley County Police Department employees, the adoption of which RCPD leaders say is imperative to department recruitment and retention. “Just within the next five years, we have the potential of losing 30 employees due to retirements alone,” says Human Resources Manager Christine Robinson. “Doesn’t mean everybody’s going, it’s just that that potential is there. “Adopting the salary survey is really going to be critical to not just filling our current vacancies, but it’s also going to be critical in relation to attracting good and quality employees to fill [...]

McConnell AFB strengthens ties with Mulvane

info2022-03-21T22:37:24-05:00March 21st, 2022|

Colonel Nate Vogel, 22nd Air Refueling Wing commander, got the chance to present to community leaders during a recent presentation to the Mulvane Chamber of Commerce. Building and maintaining connections with people who live and work near military bases is key to mission success. Addressing the dozens of Mulvane citizens and community leaders provided a chance to express these goals, including what airmen contribute to the different communities they live in. Additionally, the discussion detailed how living in a stable, connected community is good for airmen and their families. The visit was intended to spark a more in-depth relationship with the [...]

Thousands of acres burned in Sunday’s wildfire in Cowley County

info2022-03-21T22:32:34-05:00March 21st, 2022|

According to fire crews, approximately 2,000 acres burned in Sunday’s wildfire in Cowley County. In a statement released by the Arkansas City Fire-EMS Department, at approximately 4:20 p.m. Sunday, several agencies responded to a grass fire in the area of 191st Road and 292nd Road, east of Arkansas City. Due to the “red flag” conditions present, the Cowley County task force was deployed. The task force consisted of the Arkansas City, Atlanta, Burden, Cambridge, Dexter, Udall, and Winfield fire departments. Units from Belle Plaine, Elk County and Sumner County also assisted the task force. Assistance also was requested from the Kansas Forest [...]

USD 259 students return to classroom with masks optional, first time since August

info2022-03-21T22:30:55-05:00March 21st, 2022|

Students in USD 259 are returning to the classrooms Monday morning where masks are optional. The removal of the mask mandate officially happened March 11, the Friday before Spring Break. The mandate had been in place since August 2021. The Wichita School Board voted in late February to remove the mask mandate as positive COVID-19 cases are down in Sedgwick County. Stan Reeser, Wichita School Board president, said fewer masks are being seen around the community and the district is reflecting that. "We spent two years trying to make sure that our students, our buildings could stay open," Reeser said. "We spent two [...]

Kansans claim $125M in rental assistance, funds still available

info2022-03-21T22:28:27-05:00March 21st, 2022|

Funds are still available for Kansans who are facing eviction through the Kansas Emergency Rental Assistance (KERA) program. According to the Kansas Housing Resources Corporation (KHRC), funds are available to help households that have experienced financial hardship during the pandemic with rent, utility and internet assistance. "More than a third of Kansans rent their homes, and many have struggled to cover rent and utility bills since the pandemic began," Ryan Vincent, Executive Director of the KHRC, said. "The financial repercussions are far from over for our most vulnerable families. This crucial assistance is still available to keep Kansans safely housed throughout [...]

Part of McPherson street closed due to sinkhole

info2022-03-21T22:26:33-05:00March 21st, 2022|

The City of McPherson closed part of South Maxwell Street Monday due to a sinkhole. According to the City of McPherson Public Works Department, the sinkhole developed over the weekend near the Turkey Creek Development. The hole is approximately eight feet deep and 6 feet wide. The road will remain closed until repairs can be completed. Barricades will stay in place around the hole. Residents are asked not to move the barricades and to avoid the area. Source: KSN-TV

Now playing in Savonburg

info2022-03-21T22:23:44-05:00March 21st, 2022|

Savonburg Mayor Aaron Wilson watched children slide, swing and climb around the equipment at the city park’s new playground on Sunday. He smiled. “That’s what it’s supposed to be. That’s the goal,” he said. It’s taken years for the playground to take shape, but the equipment is now in place with a rubber-mulch base. Volunteer crews have marked the path of a new walking trail and are spreading crushed limestone along the quarter-mile path. Still to come are benches and picnic tables. Next month, the community will have a ribbon cutting along with a recycling event. Source: The Iola Register

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